Rwanda : WB to boost and continue support Rwanda’s EDPRS

WB to boost and continueThe World Bank has announced that it will align its support with Rwanda’s Economic Development and Poverty Reduction Strategy (EDPRS).

The World Bank country Representative in Rwanda, Carolyn Carrie Turk shortly after meeting with Prime Minister Dr. Pierre Damien Habumuremyi said that the bank had no intentions to suspend support to Rwanda, as it has been done by some developed countries.

Discussions between Premier Habumuremyi and the World Bank country manager, focused on cooperation and partnerships between the bank and the government of Rwanda.  Carrie Turk said that the Premier outlined some of the areas that the government sees important for the World Bank to support.

Turk explained that the Bank’s second batch of support will be aligned with Rwanda’s EDPRS 2 program when launched next year.

The support will focus on investing in sectors such as energy generation and access, transport, and agriculture, among others.

Anthony Ngororano, the Senior Economic Adviser to, and in the office of the Prime Minister said that the World Bank will continue supporting Rwanda in all areas of cooperation.

Madame Carolyn Carrie Turk will represent the World Bank in Rwanda for the next 3 years.

 

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About the author

Fabrice Ndaka is a Working Partner and Contributor to RwandaEye. A post-graduate from Oxford University (Said Business School), he is a financial consultant. Fabrice also contributes articles to Financial Magazines in Europe and Africa.

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